Minera Frisco began exploiting mines in the state of Chihuahua during the second half of the 17th century, according to the chronicles of Fray Juan de Torquemada. At the beginning of the 20th century, the British company The Marines Mines of Mexico worked some mines, including San Francisco.​

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1962 As a result of the new Mining Law, foreign and Mexican companies associate to constitute Minera Frisco, S.A.

1972 Minera Lampazos starts operations with the exploitation of silver minerals (the unit closed down in 1987).